N.J. Admin. Code § 13:90-4.12

Current through Register Vol. 56, No. 21, November 4, 2024

Section 13:90-4.12 - Funds management

(a) Each county shall expend and account for the Restorative and Transformative Justice for Youths and Communities Pilot Program (Pilot Program) funds in accordance with those laws and procedures for expending and accounting for its own funds. Each county shall adhere to generally accepted accounting principles for state and local governments, including, for example, governmental accounting and financial reporting standards promulgated by the Governmental Accounting Standards Board. Fiscal control and accounting procedures of the counties shall be sufficient to:

1. Permit preparation of reports required by the Commission and the statutes authorizing the grant; and

2. Permit tracing of funds to a level of expenditure adequate to establish that the funds have been used in a manner consistent with applicable statutes.

(b) The Commission requires that each county ensures that providers maintain a financial management system that evidences adequate financial reporting, accounting records, internal control, budgetary control, source documentation, and procedures relating to the procurement, identification, use, and disposition of equipment.

(c) Each county shall develop and maintain a procedure that defines standards for an annual audit of programs funded through the Pilot Program.

(d) In addition to any other audit requirements, the Commission reserves the right to conduct an audit of Pilot Program funds awarded to each county. Duly authorized representatives of the Commission shall have access for purposes of an audit and examination, to any relevant books, documents, papers, and records of the county, youth services commission, and provider agencies receiving Pilot Program funds.

(e) If an audit determines that funds have not been expended in accordance with P.L. 2021, c. 196, the Commission may: recoup any inappropriately expended upfront funds from the county; withhold future funding from the county; or decline to reimburse inappropriate expenditures not already funded.

N.J. Admin. Code § 13:90-4.12

Adopted by 54 N.J.R. 98(a), effective 1/3/2022

Amended by 55 N.J.R. 1187(b), effective 6/5/2023